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In this video, you will discover why real estate wholesaling works even though you are getting people to give you their properties for "almost always" half the price.
QUESTION - "What I never understand is why would a person want to give you a $100,000 house for $42,000?"
I explain a few reasons why people would be willing to getting rid of a property cheaper than its actual worth. It has to do with the true meaning of value to different individuals.
A real estate property you may consider an asset could easily be a liability to others.
As a real estate wholesaling professional, one of the things you start your analysis with is after repair value (THE ARV).
A motivated seller could careless about that variable due to unique events in his/her life.
Enjoy the video.
BLOG POST - https://myempirepro.com/blog/real-estate-wholesaling-prospects-accept-42k-100k-house/
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ABOUT YOUR HOST ::::|
Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.
He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.
Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and father to their 2 Boys. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.
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